100% Owned Minyari Dome Stand Alone Gold-Copper Development Project

Minyari Dome Project Map

Exceptional Development Potential Confirmed

3.6 Moz
Gold Equivalent Resource
2.9 Moz
Contained Gold Only Resource
2.2 Moz
Gold at 1.6 g/t Indicated Resource
Home » Minyari Dome Project
Technically Reaffirmed and Robust, with Substantially Enhanced Economics

Technically Reaffirmed
and Robust, with
Substantially
Enhanced Economics

Stand-alone development opportunity

Strategically Significant Location in a World-Class Gold-Copper District

Strategically Significant
Location in a
World-Class
Gold-Copper District

Capturing strong investor interest

Simple, Non-Refractory Metallurgy Supports a Standard CIL Plant Design

Simple, Non-Refractory
Metallurgy Supports
a Standard
CIL Plant Design

With estimated gold recoveries of 90%

Existing Road and Port, Plus Established Processing Infrastructure

Existing Road
and Port, Plus
Established Processing
Infrastructure

Logistics benefits and development flexibility

Project Economics Highly Leveraged to Further Exploration Success

Project Economics
Highly Leveraged
to Further
Exploration Success

Additional value drivers yet to be unlocked

The Minyari Project covers 4,500km2 and features the Minyari Dome geological structure which hosts multiple delineated deposits

In March 2026, an updated Minyari Project Mineral Resource Estimate (MRE) was announced. The Minyari Project combined Mineral Resource now contains 2.9 million ounces of gold, 91,000 tonnes of copper, 880,000 ounces of silver and 13,000 tonnes of cobalt.

In October 2024, the Company announced the key outcomes of the Scoping Study Update completed on the Minyari Dome Development Project. The Scoping Study identifies a potential stand-alone gold mining and processing operation at Minyari Dome. It presented the preliminary evaluation of such a development at Minyari Dome based on the September 2024 MRE. Key highlights of the Scoping Study included:

  • Initial combined open pit and underground mine schedule of 30.2 Mt at 1.5 g/t gold for 1.5 Moz gold.
  • Over 10 years of initial processing life with a nameplate throughput of 3 Mtpa.
  • Simple, non-refractory metallurgy allows for a standard Carbon-in-Leach (CIL) process plant, delivering an estimated gold recovery of 90%.
  • Total pre-production capital cost of A$306M, including A$90M for pre-production mining.
  • Forecast average All-In-Sustaining-Cost (AISC) of A$1,721/oz (equivalent to US$1,205/oz).
  • Post-tax NPV7 of A$1.8B and 110% IRR, assuming US$3,500/oz gold and 0.70 A$/US$ (A$5,000/oz).
  • Payback period of approximately 9 months from the commencement of gold production.
  • Latent potential to further boost economics with resource upside and by-product opportunities.

The Paterson Province geological setting of the Minyari Dome deposits is Proterozoic-aged, predominantly meta-sediment hosted intrusion related vein, breccia and replacement style precious and/or base metal mineralisation. Local controls on mineralisation commonly involve variations in both the competency/hardness and chemical composition of rock units, in combination with other “discrete” structural and intrusion controls.

At the Minyari deposit during 2021 mineralisation was discovered immediately east, west, and both up plunge to the southeast and down plunge to the northwest, including significant high‐grade breccia style gold-copper mineralisation.

Minyari Dome Project Location Map

Mineral Resources Summary

Minyari Dome 3
Deposit Classification Tonnes Au
g/t		 Au
ounces		 Ag
g/t		 Ag
ounces		 Cu
%		 Cu
tonnes		 Co
%		 Co
tonnes
Minyari Indicated 34,000,000 1.75 1,842,000 0.55 605,000 0.20 70,000 0.03 11,000
Minyari Inferred 900,000 1.75 50,000 0.29 8,000 0.13 1,000 0.03 200
Total Minyari 35,000,000 1.69 1,890,000 0.55 610,000 0.20 70,000 0.03 11,000
WACA Indicated 3,100,000 1.35 130,000 0.22 21,000 0.13 4,000 0.02 700
WACA Inferred 2,400,000 1.17 90,000 0.22 17,000 0.11 3,000 0.02 600
Total WACA 5,400,000 1.27 220,000 0.22 38,000 0.12 7,000 0.02 1,000
Fiama Indicated 1,100,000 1.48 50,000 0.22 10,000 0.11 1,000 0.005 50
Fiama Inferred 2,100,000 1.19 80,000 0.16 10,000 0.08 2,000 0.003 70
Total Fiama 3,200,000 1.29 130,000 0.18 20,000 0.09 3,000 0.004 130
GEO-01 Main Zone Indicated 2,560,000 1.01 83,000 0.08 7,000 0.02 500 0.002 60
GEO-01 Main Zone Inferred 700,000 1.51 34,000 0.19 4,000 0.07 500 0.002 20
GEO-01 Main Zone 3,300,000 1.11 120,000 0.10 11,000 0.03 1,000 0.002 70
Minella Indicated 300,000 0.95 11,000 0.26 9,000 0.16 2,000 0.005 500
Minella Inferred 390,000 1.09 17,000 0.36 14,000 0.21 4,000 0.004 800
Total Minella 690,000 1.03 29,000 0.31 23,000 0.19 7,000 0.004 1,300
Rizzo Inferred 501,000 0.76 12,000 0.53 9,000 0.28 1,000 0.01 50
Total Rizzo 501,000 0.76 12,000 0.53 9,000 0.28 1,000 0.01 50
GEO-01 Central Indicated 26,000 0.63 500 0.16 140 0.02 10 0.000 -
GEO-01 Central Inferred 87,000 0.86 2,000 0.19 530 0.08 100 0.003 3
GEO-01 Central 113,000 0.81 3,000 0.18 700 0.07 100 0.003 3
GEO-01 South Inferred 138,000 1.08 5,000 0.12 500 0.06 100 0.01 10
GEO-01 South 138,000 1.08 5,000 0.12 500 0.06 100 0.01 10
GEO-01 Area Total Indicated 4,000,000 1.13 145,000 0.23 30,000 0.09 3,500 0.02 610
GEO-01 Area Total Inferred 3,900,000 1.20 150,000 0.32 40,000 0.20 7,700 0.02 953
GEO-01 Area Total 7,900,000 1.16 295,000 0.28 70,000 0.14 11,200 0.02 1,600
Sundown Indicated 550,000 1.31 23,000 0.50 9,000 0.25 1,400 0.04 200
Sundown Inferred 540,000 1.68 29,000 0.18 3,000 0.11 600 0.05 260
Total Sundown 1,100,000 1.49 53,000 0.34 12,000 0.18 2,000 0.04 500
Minyari South Indicated 200,000 2.93 19,000 0.54 3,500 0.28 600 0.03 50
Minyari South Inferred 650,000 1.24 26,000 0.23 5,000 0.10 700 0.02 120
Total Minyari South 860,000 1.64 45,000 0.30 8,000 0.14 1,200 0.02 170
Minyari North Inferred 675,000 0.95 21,000 0.14 3,000 0.06 400 0.01 70
Total Minyari North 675,000 0.95 21,000 0.14 3,000 0.06 400 0.01 70
WACA West Inferred 314,000 1.26 13,000 0.86 9,000 0.06 200 0.002 5
Total WACA West 314,000 1.26 13,000 0.86 9,000 0.06 200 0.002 5
Minyari Dome Total Indicated 42,000,000 1.61 2,200,000 0.49 656,000 0.19 77,000 0.03 12,000
Minyari Dome Total Inferred 9,000,000 1.25 375,000 0.24 73,000 0.11 10,000 0.01 1,000
Total Minyari Dome 51,000,000 1.54 2,540,000 0.44 729,000 0.17 87,000 0.03 13,000
Satellite Deposits 4
Tims Dome Inferred 5,000,000 0.70 110,000  
Chicken Ranch Inferred 1,200,000 1.23 50,000  
RPS Total Inferred 11,000,000 0.64 230,000 0.42 150,000 0.03 3,600  
 
Total Indicated 42,000,000 1.61 2,200,000 0.49 660,000 0.19 77,000 0.01 12,000
Total Inferred 27,000,000 0.89 800,000 0.26 224,000 0.05 14,000 0.01 1,000
GRAND TOTAL MINERAL RESOURCE INDICATED + INFERRED 68,000,000 1.33 2,900,000 0.40 880,000 0.13 91,000 0.03 13,000

Notes to Minyari Project MRE table above:
1. Rounding of numbers may cause apparent discrepancies in totals.
2. For full details of the Minyari Project Mineral Resources Estimate, please refer to ASX announcement dated 2 April 2026, “Minyari Project Resource Grows to 3.6 Moz Gold Equivalent”.
3. The Minyari Dome MRE has been reported within optimised open pit shells at a cut-off grade of 0.3 g/t gold and within optimised (MSO) underground stopes with a Net Smelter Return (NSR) ≥ A$100, using metal prices of US$5,000/oz gold, A$65 silver and AUD/USD of 0.65 and cost and revenue assumptions.
3. The satellite deposits Tim’s Dome, Chicken Ranch and RPS MREs have been reported at cut-off grades above 0.3 g/t gold which assumes open pit mining.
4. The Minyari Project and its Mineral Resource are 100% owned by Antipa Minerals Ltd.

Competent Persons Statement – Mineral Resource Estimations for the Minyari Project Deposits:
The information on this website that relates to the estimation and reporting of the Minyari, WACA, WACA West and Sundown deposit Mineral Resources is extracted from the report entitled “Minyari Project Resource Grows to 3.6 Moz Gold Equivalent” created on 2 April 2026 with Competent Person Jane Levett, which is available to view on www.antipaminerals.com.au and www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant original market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.

The information on this website that relates to the estimation and reporting of the: (1) GEO-01 Main Zone, Fiama, Minella, GEO-01 Central, Rizzo, GEO-01 South and RPS deposit Mineral Resources is extracted from the report entitled “Minyari Project Resource Grows to 3.6 Moz Gold Equivalent” created on 2 April 2026; (2) Minyari South deposit Mineral Resource is extracted from the report entitled “Minyari Development Resource Grows to 3.3Moz Gold Equivalent” created on 18 December 2025; (3) Tim’s Dome and Chicken Ranch deposits Mineral Resources are extracted from the report entitled “Minyari Project Resource Grows by 100 koz to 2.5 Moz of Gold” created on 21 May 2025; and (4) Minyari North deposit Mineral Resource is extracted from the report entitled “100% Owned Minyari Dome Project Grows by 573,000 Oz of Gold” created on 17 September 2024; with Competent Person Victoria Lawns, which are available to view on www.antipaminerals.com.au and www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant original market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.

Competent Persons Statement – Scoping Study for the Minyari Dome Project:
The information in this document that relates to the Scoping Study for the Minyari Dome Project is extracted from the report entitled “Minyari Dome Project Scoping Study Update – Exceptional Development Potential Confirmed” reported on 24 October 2024, which is available to view on antipaminerals.com.au and asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the study in the relevant original market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.

Gold Metal Equivalent Information – Minyari Dome Project Mineral Resource Gold Equivalent cut‐off grade:
Gold Equivalent (Aueq) details of material factors and metal equivalent formula are reported in Antipa Minerals' ASX release dated 2 April 2026, “Minyari Project Resource Grows to 3.6 Moz Gold Equivalent”, which is available to view on antipaminerals.com.au and asx.com.au. Antipa Minerals confirms that it is not aware of any new information or data that materially affects the information included in this release. All material assumptions and technical parameters underpinning this release continues to apply and has not materially changed.